JSE markets skid as volume jumps


Trading closed Thursday on the Jamaica Stock Exchange Combined Market with a jump in the volume of stocks exchanged and having a greater value than on Wednesday, resulting in Main and the Junior Markets declining as the JSE USD Market just inched forward as trading resulted in declining stocks overwhelming those rising with prices of 41 rising, 52 declining and 21 remaining firm.

At the close of the market, the JSE Combined Market Index dropped 2,323.95 points to 342,178.72, the All Jamaican Composite Index skidded 2,939.83 points to close at  380,322.56, the JSE Main Index declined 2,330.96 points to finish at 329,764.00, the Junior Market fell just 13.23 points to 3,742.00 and the JSE USD Market Index popped 0.06 points to conclude trading at 241.99.
At the close of trading, 21,574,580 shares were exchanged in all three markets, up sharply from 16,404,398 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $99.96 million, up from $82.1 million on the previous day and the JSE USD market closed with an exchange of 39,450 shares for US$4,029 compared to 2,521,741 units at US$130,691 on Wednesday.
In Main Market activity, Transjamaican Highway led with 3.41 million shares followed by Wigton Energy with 901,123 stocks and Eppley Caribbean Property Fund with 600,008 stock units.
In Junior Market trading, Stationery and Office Supplies led with 7.45 million shares including several different trades followed by Jamaican Teas with 3.03 million stocks and Omni Industries with 309,810 units.
In the preference segment, 138 Student Living preference share gained $20 to $290 and Productive Business Solutions 10.5% preference share sank $60 to end at $990.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2023-24 earnings and 20 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

JSE Main Market stocks pull back


On a light trading session, the Jamaica Stock Exchange Main Market ended with declines in the market indices on Wednesday as Transjamaican Highway snapped up the largest share of the day’s traded volume, after dropping 39 percent, with a 71 percent lower value than on Tuesday, following trading in 58 securities down from 62 on Tuesday, with prices of 20 rising, including Seprod that jumped $4.10 to lead the winners, 23 declining and 15 ending unchanged.

The market closed with 10,786,528 shares being traded at $74,668,059, down from 17,763,087 stock units at $261,676,546 on Tuesday.
Trading averaged 185,975 shares at $1,287,380 compared to 286,501 stocks for $4,220,589 on Tuesday and month to date, an average of 187,760 stock units at $2,060,924 compared with 188,609 shares at $2,428,675 on the previous day and January ending with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 2.65 million shares for 24.6 percent of total volume followed by Wigton Energy with 2.28 million stocks for 21.1 percent of the day’s trade and Sagicor Select Financial Fund with 1.03 million units for 9.6 percent of the volume traded.
The All Jamaican Composite Index dropped 1,532.52 points to 383,262.39, the JSE Main Index dipped 1,024.19 points to close at 332,094.96 and the JSE Financial Index shed 0.59 points to end at 68.34. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, AS Bryden dropped 53 cents to end at $30.07 with a mere 15 shares switching owners, Berger Paints popped 40 cents to close at $8.30 with 12 stocks traded, Caribbean Cement slipped $3.85 to end at $83 after a transfer of 56,963 shares. Eppley sank 48 cents in closing at $36 as investors exchanged 87 stock units, First Rock Real Estate dipped $1.18 to finish at $8.62 with 43,433 shares clearing the market, General Accident lost 44 cents and ended at $6 in an exchange of 83,039 stock units. Guardian Holdings advanced $1.50 to $303 with 787 units changing hands, Jamaica Broilers rose 48 cents to $37.99 with 3,188 stocks crossing the exchange, Jamaica Producers shed $2 and ended at $24 with investors snapping up 300,107 shares. Jamaica Stock Exchange gained 40 cents to close at $13.39 with 426 stock units crossing the market, Kingston Wharves climbed $1.61 to end at $31.50 after an exchange of 4,367 units, Scotia Group increased $1.98 to finish at $56.98 with a transfer of 28,121 stocks. Seprod rallied $4.10 and ended at $89.10 with 13,649 shares passing through the market and Supreme Ventures dropped $1.37 to close at a 52 weeks’ low of $20.08 with traders dealing in 881,804 stock units.

In the preference segment, 138 Student Living preference share rose $43 to close at $270 with 44 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market down, Junior Market rises


Trading closed Wednesday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, with a lower value than on Tuesday, resulting in the Main Market major indices falling, the Junior Market index rising and the JSE USD Market falling. At the end of trading the prices of 34 shares rose, 44 declined and 27 remained firm.

At the close of the market, the JSE Combined Market Index shed 864.48 points to finish at 344,502.67, the All Jamaican Composite Index sank 1,532.52 points to end at 383,262.39, the JSE Main Index drifted lower by 1,024.19 points to 332,094.96, the Junior Market Index rose 16.03 points to 3,755.23 and the JSE USD Market Index slipped 1.48 points to finish at 241.93.
At the close of the market, 16,404,398 shares were traded in all three markets, down from 23,414,907 units on Tuesday, with the value of stocks traded on the Junior and Main markets down to $82.1 million, from $275.32 million on the previous day and the JSE USD market closed with an exchange of 2,521,741 shares for US$130,691 well off the 28,644 stock units at US$13,387 on Tuesday.
In Main Market activity, Transjamaican Highway led with 2.65 million shares followed by Wigton Energy with 2.28 million stock units and Sagicor Select Financial Fund with 1.03 million stocks.
In Junior Market trading, Mailpac Group led with 1.16 million shares followed by RA Williams with 410,257 stock units and Lumber Depot with 272,397 stocks.
In the preference segment, 138 Student Living preference share gained $43 and ended at $270.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.8 on 2024-25 earnings and 20.1 based on 2023-24 historical earnings.
The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Kgn Wharves dominates JSE trading


Kingston Wharves captures just over 40 percent of the volume traded and just under 73 percent of the value of stocks traded, leading to a 239 percent jump in the volume of stocks traded and a 656 percent surge in the value over Monday. Trading ended after exchanges in 62 securities up from 60 on Monday, with prices of 23 rising, 22 declining and 17 ending unchanged, with sizable drops in the major indices of the Jamaica Stock Exchange on Tuesday.

The market closed with 17,763,087 shares trading for $261,676,546 up from just 5,247,225 stock units at $34,621,784 on Monday.
Trading averaged 286,501 shares at $4,220,589 well above 87,454 stocks at $577,030 on Monday and for the month to date, an average of 188,609 stock units at $2,428,675 up from 87,454 shares at $577,030 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Kingston Wharves led trading with 7.33 million shares for S190.5 million, with 41.2 percent of total volume followed by Transjamaican Highway which ended with 3.78 million stocks for 21.3 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.66 million stock units for 9.4 percent of the volume traded and Carreras with 1.11 million shares for 6.3 percent of stocks that were traded.
The All Jamaican Composite Index dived 4,149.71 points to settle at 384,794.91, the JSE Main Index dropped 2,999.25 points to finish at 333,119.15 and the JSE Financial Index shed 0.93 points to 68.93. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.7. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Berger Paints slipped 40 cents to $7.90 with investors dealing in 4,110 shares, Caribbean Cement rose $4.85 to $86.85 after an exchange of 33,090 stock units, Eppley Caribbean Property Fund gained $1 to end at $38 with a mere one share trading. General Accident popped 42 cents to close at $6.44 with 2,744 stock units crossing the exchange, GraceKennedy increased $1.50 to finish at $73.50 with a transfer of 15,924 shares, Guardian Holdings climbed 50 cents and ended at $301.50 with 721 units passing through the market. Jamaica Broilers lost 49 cents to sit at $37.51 with investors trading 10,116 stocks, Jamaica Stock Exchange sank 43 cents to close at $12.99 with 5,195 stock units crossing the market JMMB Group shed $1 to finish at $21.50 with investors trading 36,486 shares. Kingston Wharves declined $3.61 and ended at $29.89 with an exchange of 7,325,025 stock units, Pan Jamaica advanced 44 cents to end at $56.94 with 426 stock units changing hands, Scotia Group fell $4 to close at $55 with traders dealing in 68,740 units and Seprod dropped 60 cents to $85 with 2,223 stocks switching owners.

In the preference segment, Eppley 7.75% preference share rallied 60 cents to $19.80 with 298 shares crossing the market, Jamaica Public Service 7% sank $4.50 to finish at $36 in trading 152 stock units and 138 Student Living preference share popped $3 and ended at $227 after 10 units were exchanged.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main and Junior Market plunge


The Main and Junior Markets suffered big declines in trading on the Jamaica Stock Exchange on Tuesday following a sharp rise in the volume and value of stocks traded over Monday’s activities with trading resulting in the prices of 38 shares rising, 45 declining and 30 remaining firm.

At the close of the market, the JSE Combined Market Index declined 3,130.40 points to 345,367.15, the All Jamaican Composite Index dropped 4,149.71 points to wrap up trading at 384,794.91, the JSE Main Index sank 2,999.25 points to settle at 333,119.15, the Junior Market Index dipped 36.58 points to 3,739.20 and the JSE USD Market Index climbed 1.90 points to end at 243.41.
At the close of trading, 23,414,907 shares were exchanged in all three markets, up from 8,400,039 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $275.32 million, up from $39.95 million on the previous day and the JSE USD market closed with an exchange of 28,644 shares for US$13,387 compared to 169,339 units at US$9,714 on Monday.
In Main Market activity, Kingston Wharves led with 7.33 million shares followed by Transjamaican Highway with 3.78 million stocks and Sagicor Select Financial Fund with 1.66 million units.
In Junior Market trading, Jamaican Teas led with 1.62 million shares followed by Dolla Financial with 671,762 stocks and Lumber Depot with 601,830 units.
In the preference segment, Jamaica Public Service 7% sank $4.50 to close at $36 and 138 Student Living preference share increased $3 to $227.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.1 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts cover all the ordinary shares that are listed on the Jamaica Stock Exchange and are grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

JSE Main Market starts February in the black


The Jamaica Stock Exchange Main Market rallied into February with big gains in the major market indices at the end of trading on Monday with a moderate gain for the year to date, following the decline in January.  Trading dropped well below that on Friday with the volume of stocks exchanged declining 75 percent and the value 84 percent lower than on Friday, following trading in 60 securities up from 58 on Friday, with prices of 15 rising, 30 declining and 15 ending unchanged.

The market closed with 5,247,225 shares trading for $34,621,784 down from 21,163,301 stock units at $212,963,026 on Friday.
Trading averaged 87,454 shares at $577,030 compared to 364,885 stocks for $3,671,776 on Friday and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway was the lead trade with 1.76 million shares for 33.5 percent of total volume followed by Radio Jamaica with 1.10 million units for 21 percent of the day’s trade and Wigton Energy with 423,488 stocks for 8.1 percent of the volume traded.
The All Jamaican Composite Index gained 2,550.43 points to close at 388,944.62, the JSE Main Index advanced 1,899.29 points to finish at 336,118.40 and the JSE Financial Index climbed 0.57 points to end at 69.86. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, AS Bryden climbed $1.10 to close at $30.60 with 155 stocks being traded, Caribbean Cement fell $4.90 to end at $82 as investors exchanged 8,319 stock units, Eppley Caribbean Property Fund sank $1 and ended at $37 with 82 shares crossing the market. GraceKennedy popped $1.98 to finish at $72 with investors swapping 18,304 stock units, Guardian Holdings shed $3 to close at $301 in an exchange of 355 shares, Jamaica Producers dropped $1 to end at $26 with traders dealing in 3,007 stocks. JMMB Group rallied 40 cents to $22.50 in an exchange of 44,517 units, Pan Jamaica sank 47 cents to close at $56.50 with investors trading 2,830 stock units, Proven Investments dipped $1 to end at $18.50 with 373,882 shares crossing the exchange. Scotia Group lost $1 in closing at $59 with a transfer of 23,939 stocks, Seprod rose $1.35 and ended at $85.60 with 6,817 units crossing the market and Stanley Motta advanced 68 cents to finish at $7.42 in trading 493 stock units.

In the preference segment, Jamaica Public Service 7% skidded $2.50 to $40.50 with 448 shares passing through the market, 138 Student Living preference share fell $20.38 to end at $224 with 53 stock units changing hands and Productive Business Solutions 10.5% preference share declined $63 in closing at $1,050 with an exchange of 188 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Main Market rallies, Juniors fall


Trading levels dropped sharply on Monday compared with Friday on the Jamaica Stock Exchange and ended with rising stocks pushing the Main Market indices higher at the close at the same time that the Junior Market and JSE USD Market Indices declined with prices of 30 shares rising, 54 declining and 28 remaining firm.

At the close of the market, the JSE Combined Market Index climbed 1,741.14 points to 348,497.55, the All Jamaican Composite Index advanced 2,550.43 points to end at 388,944.62, while the JSE Main Index rose 1,899.29 points to end at 336,118.40, the Junior Market Index lost 10.47 points to close at 3,775.78 after trading above 3,800 points in the morning session and the JSE USD market slipped 3.46 points to end at 241.51.
At the close of trading, 8,400,039 shares were exchanged in all three markets, down from 40,699,662 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to just $39.95 million, down from $253.59 million on the previous day and the JSE USD market closed with an exchange of 169,339 shares for US$9,714 well short of the 249,958 units at US$17,257 on Friday.
In Main Market activity, Transjamaican Highway led trading with 1.76 million shares followed by Radio Jamaica with 1.10 million stocks and Wigton Energy with 423,488 units.
In Junior Market trading, Kintyre Holdings led with 451,123 shares followed by One Great Studio with 437,158 stocks and EduFocal with 418,499 units.
In the preference segment, Jamaica Public Service 7% sank $2.50 in closing at $41, 138 Student Living preference share lost $20.38 to close at $224 and Productive Business Solutions 10.5% preference share dropped $63 to finish at $1,050.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 projected earnings and 20.4 based on estimated 2024 earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all the ordinary shares that  are listed on the Jamaica Stock Exchange grouped into industries, allowing for an easy comparison within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Big changes for ICTOP10 stocks


Junior Market stocks gained 4 percent for the week and 1.4 percent for January while the Main Market rose by half a percent for the week and finished down at the close of the first month of the year. The changes resulted in 5 stocks producing solid gains and three with notable losses for Junior Market ICTOP10 while the Main Market TOP10 had two gains as five stocks fell.

In the Junior Market ICTOP10, Lumber Depot jumped 15 percent to close at $2.94, AMG Packaging rose 10 percent to $3.26 followed by Access Financial and Limners and Bards with an increase of 9 percent to close at $18.55 and $1.31 respectively while Jamaican Teas gained 7 percent to finish trading at $2.22. Caribbean Assurance Brokers declined by 10 percent to $2.49, Express Catering lost 9 percent to close at $3.05 and Caribbean Flavours fell 5 percent in ending at $1.30.
The JSE TOP10, compiled from all listed ordinary stocks on the JSE, had two changes with JMMB Group and AMG Packaging falling out and replaced by Jamaica Broilers and Lasco Distributors.
Lumber Depot dropped out of the Junior Market ICTOP10 following the B gain during the week and is replaced by Cargo Handlers. Jamaica Broilers returns to the Main Market ICTOP10 with JMMB Group falling out.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.5, well below the market average of 14.5 and the Junior Market TOP10 stands at 8.4, more than half of the market, with an average of 13.7.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 278 percent by May 2025, providing better values than the Junior Market, projected to achieve a 151 percent increase for the same time.
In the Main Market ICTOP 10, there are 16 stocks with the highest values representing 30 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 23 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 15 stocks, 31 percent of the market, with PEs ranging from 15 to 33 with an average of 20 and a PE of 18 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Main Market under water in 2025 Juniors above


The Main and Junior markets of the Jamaica Stock Exchange ended the first month of 2025 with gains but the US dollar Market slipped as trading level fell from activities on Thursday, resulting in Main Market major indices falling and closing the month lower than the end of 2024, the Junior Market index ended the month at the highest level for the year to date and higher than the 2024 close and the JSE USD Market declined. At the end of trading the prices of 52 shares rose, 27 declined and 32 remained firm.

At the close of the market, the JSE Combined Market Index increased 1,673.87 points to finish at 346,756.41, the All Jamaican Composite Index rallied 2,039.04 points to 386,394.19, the JSE Main Index gained 1,440.86 points to end at 334,219.11, the Junior Market Index rose 41.28 points to end at 3,786.25 and the JSE USD Market Index fell 2.30 points to 244.97.
At the close of trading, 40,699,662 shares were exchanged in all three markets, down from 47,757,958 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $253.59 million, down from the hefty $1.02 billion on the previous day and the JSE USD market closed with an exchange of 249,958 shares for US$17,257 compared to 112,384 units at US$52,111 on Thursday.
In Main Market activity, Wigton Energy led with 8.62 million shares followed by Carreras with 5.13 million stocks and Transjamaican Highway with 2.13 million units.
In Junior Market trading, Lasco Financial led with 7.03 million shares followed by Stationery and Office Supplies with 2.58 million stocks and Regency Petroleum with 2.08 million units.
In the preference segment, Productive Business Solutions 10.5% preference share gained $63 and ended at $1,113.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.1 on 2023-24 earnings and .20.4 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Main Market stocks rally into January end


Trading on Friday pulled back from the lofty levels on Thursday on the Jamaica Stock Exchange Main Market, with a 36 percent decline in volume at a 79 percent lower the value, following activities in 58 securities down from 60 on Thursday and ending with prices of 27 rising, 16 declining and 15 ending unchanged leading the market indices to rise but fell behind the close for 2024.

The market closed with 21,163,301 shares trading for $212,963,026 down from the heavy trading on Thursday when 33,308,007 stock units crossed the market for $1,000,353,283.
Trading averaged 364,885 shares at $3,671,776 compared with 555,133 stocks at $16,672,555 on Thursday and month to date, an average of 257,074 units at $2,582,065 up from 252,150 shares at $2,532,298 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Investors exchanged 8.62 million Wigton Energy shares to lead trading with for 40.7 percent of total volume followed by Carreras with 5.13 million stocks for 24.2 percent of the day’s trade. Transjamaican Highway closed with 2.13 million shares for 10.1 percent of the volume traded and Radio Jamaica with 1.04 million units for 4.9 percent of market trades.
The All Jamaican Composite Index rose 2,039.04 points to 386,394.19, the JSE Main Index climbed 1,440.86 points to wrap up trading at 334,219.11 and the JSE Financial Index rallied 0.79 points to finish at 69.29. The Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, AS Bryden slipped $1.10 to close at $29.50 after 9,541 stocks were traded, Caribbean Cement rose $4.39 to $86.90 with 18,900 units crossing the exchange, Eppley lost 50 cents and ended at $36.50 with 276 shares changing hands. GraceKennedy sank $3.88 to end at $70.02 as 68,898 stock units passed through the market, Guardian Holdings shed $4.70 in closing at $304 with investors trading 3,299 shares, Jamaica Producers popped $3 to finish at a 52 weeks’ high of $27 with an exchange of 94,130 stock units. Kingston Properties fell 40 cents to $9.19 after trading 208,167 stocks, Kingston Wharves gained 91 cents to close at $33.80 after a transfer of 5,489 units, MPC Caribbean Clean Energy sank $4.99 and ended at $65.01 in trading just 2 stock units. Pan Jamaica rose $2.99 in closing at $56.97 with 125,100 units crossing the market, Sagicor Group advanced $2 to finish at $42 after an exchange of 180,175 shares, Scotia Group rose by 50 cents to end at $60 with investors dealing in 20,842 stock units and Wisynco Group rallied 50 cents in closing at $22.40 after an exchange of 98,586 shares.
In the preference segment, Productive Business Solutions 10.5% preference share rose $63 to $1,113 with 288 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.